6000 sqft

$6,298,000

ONE OF KIND INVESTMENT/DEVELOPMENT OPPORTUNITY IN THE HEART OF THE OKANAGAN! Rarely offered with this substantial potential, 251 Harvey Ave is strategically located at the entrance of the City and is a central component to unlock the potential to create….“THE GATEWAY TO KELOWNA”! The property offers a well-maintained 6,000 sqft office building (C21 business NOT for sale) and sits on .55 acres. This prime lot will open the potential to be a part of a large development statement piece situated in the direct center of the Okanagan Valley. Fronting the main corridor highway, this high exposure site is only steps to the vibrant downtown core with its trendy shops and dining, and of course, the jewel of the area - the famous Okanagan Lake. The City of Kelowna and zoning supports a multitude of development opportunities including a hotel, high end condos or rentals, or a mix of both with commercial components. The listed property, 251 Harvey Ave, sits smack dab in the center of this impressive spot and would offer a buyer an attractive leaseback with an equally desired CAP rate. As a standalone investment for future income/holding property, or part of this rare development opportunity - DO NOT LET THIS ONE PASS BY, THIS IS THE ONE! Please contact the listing agents for further information. (id:59282)

• Property Details
• Building
• Land
• Rooms
• Utilities

• Property Details

  MLS® Number	10330053
  Property Type	Other
  Neigbourhood	Kelowna South

• Building

  SizeInterior	6000 Sqft
  Type	Residential Commercial Mix
  UtilityWater	Municipal Water

• Land

  Acreage	No
  CurrentUse	Mixed Use
  Sewer	Municipal Sewage System
  SizeIrregular	0.56
  SizeTotal	0.56 Ac|under 1 Acre
  SizeTotalText	0.56 Ac|under 1 Acre
  ZoningType	Unknown